Diercks Foundation

Organization Overview

Diercks Foundation is located in Red Wing, MN. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Diercks Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Diercks Foundation generated $8.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.9% each year . All expenses for the organization totaled $8.4k during the year ending 12/2021. While expenses have increased by 1.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $14
Dividends & Interest $3,489
Net Rental Income$0
Net Gain on Sale of Assets $4,528
Capital Gain Net Income $4,528
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $8,031

Grants Awarded

Over the last fiscal year, Diercks Foundation has awarded $7,000 in support to 2 organizations.

Grant RecipientAmount

ST JOHNS LUTHERAN CHURCH

Org PageRecipient Profile

Red Wing, MN

PURPOSE: RELIGIOUS

$6,000

CLAIR MCGRATH SCHOLARSHIP

PURPOSE: DIERCKS SCHOLARSHIP FOR COLLEGE TUITION

$1,000
View Grant Profile

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